1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melisa1 [442]
3 years ago
15

Deadweight losses occur when the quantity of an output produced is: less than, but not when it is greater than, the competitive

equilibrium quantity greater than, but not when it is less than, the competitive equilibrium quantity less than or greater than the competitive equilibrium quantity such that the marginal benefit of the output is just equal to the marginal cost
Business
1 answer:
IRINA_888 [86]3 years ago
4 0
I think the correct answer would be the first option. Deadweight losses occur when the quantity of an output produced is  less than, but not when it is greater than, the competitive equilibrium quantity. It is also known as allocative inefficiency. It is a loss of efficiency that will happen when the equilibrium of a good is not reached or the supply and the demand of a good are not in equilibrium such that the quantity of the goods is less than the equilibrium quantity. It is a loss due to inefficient use of the resources available. Price controls, minimum wage and taxation are said to cause deadweight loss.
You might be interested in
Sources of retirement income include Social Security, other public ____ plans, employer pension plans, personal retirement plans
EastWind [94]

Social Security, other public pension plans, employer pension plans, personal retirement plans, and annuities or savings

<h3>What are retirement incomes?</h3>

This is the term that is used to refer to the income that a person would get after they have left active service.

The reason is so they can have a good life after they are no longer working and they are old.

Read more on retirement here:

brainly.com/question/3090325

#SPJ1

8 0
2 years ago
A restaurant bill is made up of the following: $12.50 for starters, $28.55 for main courses, and $8.95 for deserts, plus a 15% s
Alina [70]

Answer:

The bill is $57.5

Explanation:

The computation of bill is shown below:

= Price for starters + price for main course + price for deserts + service charge tax

= $12.50 + $28.55 + $8.95 + $7.5

= $57.50

The service charge would be calculated by considering all food costing.

In mathematically

= Service tax rate × ( Price for starters + price for main course + price for deserts)

= 15% × ($12.50 + $28.55 + $8.95)

= 15% × $50

=$7.5

Hence, the bill is $57.5

7 0
3 years ago
Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million. The fund's liabilities are $
rusak2 [61]

Answer: B) $13.89 per share

Explanation:

In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.

Total assets = 750 million

Total liabilities = 125 million

Current shares outstanding = 45 million

(750 million - 125 million)/45 million =13.89

3 0
3 years ago
Which of the following theorems explains the relationship between interest rates and bond prices? For a given change in interest
Eddi Din [679]

Answer:

For a given change in interest rates, the prices of long-term bonds will change more drastically than the prices of short-term bonds.

Explanation:

A bond can be defined as a fixed income instrument that firms use as a source of longer-term funding or loans.

The par value of a bond is its face value and it comprises of its total dollar amount as well as its maturity value. Also, the par value of a bond gives the basis on which periodic interest is paid. Thus, a bond is issued at par value when the market rate of interest is the same as the contract rate of interest. This simply means that, a bond would be issued at par (face) value when the bond's stated rated is significantly equal to the effective or market interest rate on the specific date it was issued.

In Economics, bonds could either be issued at discount or premium.

Hence, a bond that is being issued at a discount has its stated rate lower than the market interest rate, on the specific date of issuance. Also, a bond that is being issued at a premium, has its stated rate higher than the market interest rate on the specific date of issuance.

Generally, bond price is inversely proportional to its interest rate, thus, when interest rates are high, bond prices would be low and when interest rates are low, bond prices are high.

The theorem that best explains the relationship between interest rates and bond prices is that for a given change in interest rates, the prices of long-term bonds will change more drastically than the prices of short-term bonds because long-term bondholders are liable to higher rate of interest rate risks than the short-term bondholders.

3 0
3 years ago
One of the main advantages of e-marketing is _
mezya [45]
Personal interaction
8 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose an economy produces only burgers and bags of fries. In 2010, 4000 burgers are sold at $3 each and 6000 bags of fires are
    7·1 answer
  • Jonathan has been appointed the new Marketing Director for Big Waves Cruise Lines. Big Waves has been modestly successful but te
    6·1 answer
  • Which of the following is an example of how the Principle of Beneficence can be applied to a study employing human subjects?
    13·1 answer
  • Roquan, a single taxpayer, is an attorney and practices as a sole proprietor. This year, Roquan had net business income of $90,0
    5·1 answer
  • In a _____ organizational structure, project managers work full-time on projects, while team members report to both functional m
    10·2 answers
  • On Friday Huron Investments stock closes at $5.35. The Huron Investments 8.125% Convertible debenture maturing September 13, 204
    6·1 answer
  • According to the five forces model, an attractive industry would include all of the following characteristics EXCEPT: a. low thr
    12·1 answer
  • lila gallo borrowed $10000 from her bank to build up the inventory of her stationery store. the loan was payable in six months a
    6·2 answers
  • *WILL AWARD BRAINLIEST IF CORRECT!*
    7·1 answer
  • A $23 credit to sales was posted as a $230 credit. By what amount is the sales account in error?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!